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Switzerland’s long-standing reputation for high quality watchmaking makes it a worldwide leader in watch exports. In terms of value, approximately 95% of Switzerland’s watch production is exported, making the watch industry the country’s third biggest export following chemical and engineering. •Approximately 60% of total Swiss chocolate production is exported to 140 countries with Germany, France, United Kingdom, USA and Canada ranked as the top five consumers. • World-class research and educational facilities combined with a highly educated work force reinforce Switzerland’s status as a leader in the fields of biotechnology, nanotechnology, micro technology, climate change and computer sciences. • Switzerland is home to several international pharmaceutical and specialty medical product companies including Novartis and Roche, ranked 7th and 10th largest worldwide. • Over 450 varieties of cheese are produced in Switzerland representing the country’s top agricultural export at 60%.